On many gold and silver sites I often read investors rooting for the slide or devaluation of the dollar to occur at a more rapid pace. If an investor logs a 100% gain in their pm assets but the dollar devalues 50% .All the investors non-pm assets(pension ,ira equities ,home ) are crushed . Will the only solace be that the non-pm investor is in worse shape ? Just a honest question hope I phrased it right, good luck to all.
I think you won't have to worry about a rapid devaluation of the dollar. Until recently, the US dollar has been the currency of choice throughout the world, and rapid devaluation would therefore upset the economies/ currencies worldwide. China, Saudi Arabia and other countries that hold huge amounts of US debt will in the future buy fewer US treasuries, but will invest in euros, the yen and in gold instead. This will lead to a slow and "controlled" devaluation of the US curency. - A devaluation does not help individuals like yourself; it only helps the government that can repay its hug debt in "cheaper" dollars.